What is Cobinhood?

COBINHOOD (Symbol: COB) provides comprehensive ICO underwriting services, specializing in fundraising tactics to make ICO successful. It is the world's first "ZERO Trading Fees" cryptocurrency exchange with the vision to maximize traders' profits. Traders now can enjoy ZERO trading fees for spot trading and margin trading up to 10x leverage. COBINHOOD stores the vast majority of the crypto assets deposit in an offline multisig vault, which requires 5 out of 8 geo-distributed hardware security modules to open. Furthermore, crypto assets stored in online wallets will be backed by insurance. COBINHOOD's proprietary order matching engine can process millions of orders with sub-millisecond latency. The whole system is designed to be fully distributed, highly available, and auto-scalable, achieving the ultimate trading experience for traders around the globe.